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Property for sale information

 
Spain, Costa del Sol, Mijas Costa, Alamar / Apartments close to the beach  
Reference nr: LO239752
Description:

“Residencial Alamar” is situated in the Heart of the Costa del Sol, only a few metres to the magnificent beaches of Mijas Costa and surrounded by the most prestigious golf courses (La Noria, El Chaparral, La Cala, Los Lagos, Los Olivos and Calanova).

The development is well connected within only 25 minutes from the international airport of Malaga and has all the services of shops, sports and commercial centres to make life an authentic pleasure. Enjoy a free lifestyle in an ideal climate in every season, with 300 days of sun during the year.

“Residencial Alamar” has been designed in a Mediterranean style to offer the best of the Costa del Sol to its owners. The properties are being sold off plan and contain 212 apartments equipped with spacious communal green areas, a swimming pool and paddle pool, which will make your life more pleasurable.
The project offers apartments South, East and West facing, with the highest quality in design and construction. 1, 2 and 3 bedrooms apartments, magnificent penthouses with pergolas and all the properties include a garage and storage.

1 Bedroom starting from Euro 193,028 (from 60 sqm, incl. VAT)
2 Bedroom starting from Euro 208,656 (from 72 sqm, inc. VAT)
3 Bedroom starting from Euro 252,520 (from 90 sqm, incl. VAT)


- Air conditioning installation in living room and bedrooms with hot and cold.
- Fitted kitchen: floor and wall cupboards, oven, extractor fan, ceramic hob, sink and taps.
- Green areas with gardens, pedestrian paths and recreational areas, with a programmed automatic sprinkler system and interior lighting.
- Swimming pool fully integrated into the green area with plenty of surrounding space.
- Tennis court fitting in with the design of the gardened areas.
- Exterior furniture for use in common areas.
- Electrical installation with top quality mechanisms.
- Electronic video intercom. Digital system.
- TV, UHF and FM antenna.
- Full installation of terrestrial RTV and basic telephone and pre-installation for cable TV and digital services in all bedrooms, lounge and kitchen.
- Built-in safe with electronic combination lock system using digital keypad.
- Securitas Direct alarm system with domestic features.



Payment structure
€3000 reservation
Private contract: 5% of total price + 7% VAT. – 3.000 Euros Reservation
During Construction: 5 % of total price + 7% VAT.
Title Deed: 90 % of total price + 7% VAT.


Completion Date
December 2008


PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER INFORMATION ON 01-6771188.

Bedrooms: Bathrooms: Price (€):
1 1 193,028
2 1 208,656
3 252,520
Features:
Beach
City
Furnished
Private Swimming Pool
Submission Date:
05-23-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €193,028
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations